šØ $SXP/USDT - Short Trade Alert After Rejection! š
Current Price: $0.2040 (+5.63%) š
Timeframe: 30m ā³
$SXP saw a big pump to $0.2252 but got REJECTED hard with a massive wick! š Price has now broken structure and looks like it's pulling back. š»
š Key Levels:
ā¢ Resistance: $0.2150 / $0.2250 ā¬ļø
ā¢ Support: $0.1980 / $0.1900 š
š Short Trade Idea:
ā¢ Entry: $0.2065 ā $0.2090
ā¢ Target 1: $0.1980 šÆ
ā¢ Target 2: $0.1900 šÆšÆ
ā¢ Stop Loss: $0.2155 š
š§ Market Analysis:
That long upper wick followed by a bearish engulfing candle screams liquidity grab! š£ Classic sign of tired buyers and a potential short-term drop.
š” Pro Tip:
Watch for a retest of $0.2080ā$0.2090 with low volume to get into your short position. Expect a quick move down if it breaks below $0.2020!
š Time to go short and ride the $SXP
reversal! š